Cuero ISD approves tax rate
Submitted by crecord2010 on Wed, 09/25/2013 - 4:40pm
Cuero School District approved a new tax rate at their meeting last week.
Trustees approve a total tax rate of $1.10403 per $100 valuation for the new fiscal year. That rate is about three percent higher that the past school year’s rate.
The maintenance and operation portion of the tax rate is the same as the previous rate which is $1.04 per $100 valuation.
The interest and sinking (debt retirement) portion of the rate is up about three cents. The new I&S rate is .06403 cents per $100 valuation. That compares to the previous year’s rate of .03003 cents.
Read more in this week's edition of the Record.
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